July 27, 2017
With the ever increasing cost of tuition and overall cost of attending college, private student loans can be a practical way to help pay for school. After exhausting every other possibility, grants, scholarships and federal loan options private student loans are a great way to help bring the cost down. In order to help you Great Lakes Credit Union has teamed up LendKey, a nationally recognized leader in financial services, to help with our student loan origination and servicing needs. They are an extension of our customer service team and bring expertise in student lending.
With them you can expect:
No Prepayment Penalty - No penalty for paying off your loan early.
Build Credit In-School - The student gets a head-start on building their credit while still in school, helping them with other financial needs when they are out of school.
Cosigner Release - Get released after 24 consecutive, on-time, full, principal and interest payments.
Interest Rate Reduction - 0.25% rate discount with automatic payments.
Cover Your Education Costs - Use the loan for any qualified educational expense including tuition, room & board, books, and computers. Borrow up to $120,000 undergraduate or $160,000 graduate.
Click here to learn all about what Great Lakes Credit Union's College Resource Center offers.